India Redesigns Smartphone PLI Scheme to Boost Homegrown Brands After Foreign Giants Captured Most Gains

Manufacturing volumes rose under the original incentive programme, but domestic players like Lava and Micromax lost ground — prompting a policy reset that may favour value-add and brand-ownership criteria over raw output.

ndtv-profit-business · 7/18/2026, 3:16:38 PM · Ask about this →